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Property profile & analytics
OFF-MARKET Estimated value $1,305,000
Office Spaces

117 8th St Shelton, WA 98584-2564

4,552 SF 0.19 ac lot Built 2003
Individually Owned 11-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US90-1544735
Property summary
AI-generated overview

This exceptional 70-square-foot office space is ideally situated at 117 N 8th St, #303, Shelton, WA 98584. Built in 2003, this single-tenant space is located within a single-story building and offers a convenient main floor location. The property features ample parking (multiple spaces available). Utilities are readily accessible, with power provided (PUD3). While there are no elevators in the building, the single-story design ensures easy access. The APN is 32019-52-14001. This traditional office space is perfect for a small business or individual professional seeking a comfortable and efficient workspace. Its central Shelton location provides easy access to public transportation, local restaurants, and other amenities. The space is currently vacant and ready for immediate occupancy. This is a fantastic opportunity to establish a presence in a thriving community. The property is categorized as a traditional office space and is a single-tenant occupancy.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2003
Construction STEEL FRAME
Total area 4,552 SF
Lot 0.19 ac (8,276 SF)
APN 32019-52-14001
UPID US90-1544735
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.49M
Blend (final) Blend
$1.31M
Owner & transaction history
Richard A Beckman · 11 yrs held
Richard A Beckman
since 2015
5 recorded transactions
2020
Price N/A
2015
$480,000
2014
$258,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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